When you decide to renovate your home, it is easy to get excited about the end result and hurry the process. However, this can lead to major problems and misunderstandings between you and the contractors you’re hiring to work on your home. Before you hire anyone to do work on your home, there are a few contracts you should go over to make sure that you are on the same page about the scale of the project and the responsibilities of each contractor.
Statement of Work
A statement of work is an important contract that can help you and your contractor to communicate effectively. Essentially, your statement of work will go over the specifics of the project and provide all parties with important information. A statement of work will also help you to avoid making assumptions about how the project will be run and instead Will closely go over the parameters of the project. That way there won’t be any confusion about what elements are or are not included in your project.
Master Services Agreement
Many homeowners make the serious mistake of leaving much of their home project to verbal agreements. This can lead to many different problems including misunderstandings and disastrous final projects. A master services agreement covers several important areas that shouldn’t be left up to verbal agreements. You want to make sure that your master services agreement includes all the important elements of your project that you want to ensure get done. This will help you to avoid misunderstandings and will also cut out any guesswork in relation to the job.
For Your Protection
The vast majority of contractors always do their best to complete the job well, but they’re also human. This means that there can be mistakes and misunderstandings that impact the outcomes of your project. Having appropriate contracts with the person who is doing work on your home will protect both of you if anything goes wrong. It’s important to take the time to create contracts to ensure that your project is finished just the way you want it to be.
If you’re like most homeowners, you’re excited for what a renovation will do for your home. But don’t let this excitement get in the way of you protecting yourself and your project. Make sure you have all the necessary contracts so that your home improvement project will go off without a hitch.
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